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Printed electronics is a term majorly used for different printing methods incorporated for the manufacturing of electronic devices through printing by various inks on different substrates. The inks comprise electrically active materials having luminescent, electrophoretic, semiconducting, conducting, or electrochromic properties.  Printed electronic materials are used to form antennas, flexible displays, soft energy devices, sensors, etc. With the rising demand for thinner electronics and wearable devices expanding, the printed electronic materials market is also expected to grow simultaneously.

The global printed electronic materials market is projected to reach $17,559.59 million by 2031 from $3,454.09 million in 2021, growing at a CAGR of 18.82% during the forecast period 2022-2031. North America and China dominated the global printed electronic materials market in 2021. North America, including major countries, such as the U.S., is the most prominent country in the market due to the presence of large automotive and consumer electronics manufacturers.

Based on applications, the displays segment dominated the printed electronic materials market in 2021 and was the largest segment due to the rising sales of smart devices across the globe. The rising demand for smartphones and flexible electronics devices is leading to the growth of the displays segment as these displays are continuously enhancing the customer experience in consumer electronics, automotive, etc.

Based on the end-use industry, the consumer electronics segment dominated the printed electronic materials market in 2021 and was the largest segment due to the rising sales of flexible electronics across the globe. The rising demand for smartphones, personal computers, television, display boards, and other consumer electronics devices is leading to the growth of the segment. The use of printed electronic materials possesses several advantages over conventional manufacturing as the electronic components are directly integrated into the printing process. Some of the advantages include cost, flexibility, customizability, and speed of fabrication.

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Based on material, the ink segment dominated the printed electronic materials market in 2021 and is the largest segment owing to growing demand from end-use industries such as automotive and consumer electronics due to its lightweight, flexible, thin, and cost-effective nature. In recent times, the demand for carbon-based ink has been increasing and seeking the interests of industrialists, which is helping in the growth of the ink segment in the printed electronic materials market.

Based on technology, the screen printing segment held the majority share in the printed electronic materials market in 2021. It offers the advantage of low-cost equipment providing a large amount of printing at one time and is commonly used for manufacturing membrane keyboards, radio-frequency identification (RFID) antennas, and others. The rising demand for retail and packaging, healthcare, etc., is expected to provide growth to the market during the forecast period 2022-2031.

Among all regions, North America region dominates the printed electronic materials market as it is the hub for electronics manufacturing and also comprises leading industry players across the supply chain and a fast-developing economy. Moreover, the Asia-Pacific and Japan region is growing with the fastest growth due to rapid industrialization and urbanization. The rising gross domestic product (GDP) of emerging markets and strong support from the government are contributing to the growth of the printed electronic materials market.

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Key Questions Answered by This Report:

  • What are the major factors and trends that are impacting the printed electronic materials market?
  • How has COVID-19 impacted the printed electronic materials market across the globe, and what are the major disruptions in the supply chain?
  • What are the steps taken by the existing players to improve/maintain their market positioning and the strategy adopted by new players entering in market space?
  • What are the leading segments in the material, technology, application, and end-use industry in the market, and how are they expected to perform during the forecast period?
  • What are the latest developments in various countries across the globe for the development of the printed electronic materials market?
  • What are the major challenges around the adoption of printed electronic materials across different regions and countries, and are there any government regulations (regional/global) impacting the market?
  • How did the recent semiconductor crisis affect the printed electronic materials market? What would be the major tactics for the players to bounce back from the crisis?

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